Software publisher Systancia raises 4 million euros for its cloud solution

by bold-lichterman

Systancia, French software publisher specializing in virtualization, announces a fundraising of 4M €, carried out by CDC Entreprises (Caisse des Dépots), manager of the FSN PME fund and by A Plus Finance, which has supported Systancia since 2009. The two funds have each invested 2M €.

Software publisher Systancia raises 4 million euros for its cloud
This capital increase will enable Systancia to recruit new employees (30 to 40 people), in order to orient itself more and more towards internationally, where the Cloud Computing market is growing very strongly.

Systancia, a French software SME founded in 1998 by Christophe Corne, has established itself with its first solution for managing remote workstation data and applications. This year, the company announces a turnover of € 2.5M and forecasts nearly € 4M in 2013.